“The electricity rates this August reflect the last installment of the refund of over-recovery on pass-through charges from January 2014 to December 2016 totaling around P6.9 billion, ayon sa Meralco.

“Meralco’s petition for refund with prayer for provisional authority was granted by the Energy Regulatory Commission (ERC) on May 11, 2017 for implementation from June to August 2017,” pahayag pa nito.

“The refund is not shown as a separate line item in the bill but is embedded in different pass-through charges indicated in the bill, which include generation, transmission, and system loss charges and lifeline and senior citizen subsidies,” dagdag nito. BOBBY TICZON